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Property profile & analytics
OFF-MARKET
Estimated value
$10,660,000
Apartment buildings
141 145th St, New York, NY 10039-4223
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US63-5763934
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1926
Total area
18,024 SF
Lot
0.1 ac (4,371 SF)
Zoning code
C8-3
APN
02014-0016
UPID
US63-5763934
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
The Moto Expert Information Services Motorcycle Shop
-
The Boxing Gear Adventure Sports
-
Family Limit C Corporation. Advertising Agency Marketing & Advertising
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$9.07M
CAP Approach
CAP
$8.68M
Comparable Approach
Comparable
$13.13M
Blend (final)
Blend
$10.66M
Owner & transaction history
137-145 West 145 Street LLC · 2 yrs held
137-145 West 145 Street LLC
since 2023
Last sale
$11.0M
7 recorded transactions
Zoning & alternative use
C8-3 · New York, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$14.7M
+85.5%
Commercial (general)
$13.1M
+64.5%
Office building
$11.5M
+45.0%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs New York submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs New York submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$11,075,000
ML approach
$9,065,000
CAP Approach
CAP Return
Estimation
6%
$9,400,000
6.5%
$8,675,000
7%
$8,055,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$7,940,000
Current use
WAREHOUSE, STORAGE
$14,730,000
Change: +85% · Conversion: Difficult
COMMERCIAL (GENERAL)
$13,060,000
Change: +64% · Conversion: Moderate
OFFICE BUILDING
$11,515,000
Change: +45% · Conversion: Moderate
Blend value · Realmo final
$10.66M
Range $9.59M – $11.73M · ±10% · vs last sale $11.00M (Jul 14 2023)
Last sale anchor
$11.00M
Jul 14 2023
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$591 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Assessed value
$1,023,030
Assessed 2024
Previous assessed
$974,970
+4.9% YoY
Assessed land
$147,600
Assessed improvement
$875,430
Land market value
$328,000
Improvement market value
$2,110,000
Total market value
$2,438,000
Applied tax rate
2.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1926
Heating
NONE
Buildings
1
Stories
6
Units
32
Total area
18,024 SF
Lot
0.1 ac (4,371 SF)
Zoning code
C8-3
APN
02014-0016
UPID
US63-5763934
Jurisdiction
NEW YORK(MANHATTAN)
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
C8-3 · New York, NY
Zoning C8-3 · permitted uses
C8-3 · New York, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
New York. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$7.9M
WAREHOUSE, STORAGE
Est. value
$14.7M
COMMERCIAL (GENERAL)
Est. value
$13.1M
OFFICE BUILDING
Est. value
$11.5M
APARTMENT HOUSE (5+ UNITS) Current
WAREHOUSE, STORAGE
COMMERCIAL (GENERAL)
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1926
Heating
NONE
Stories
6
Buildings
1
Units
32
Lot
0.1 ac
Current owner
From public records · entity-resolved
137-145 West 145 Street LLC
Entity
Mailing address
253 W 35TH ST FL #3, NEW YORK, NY 10001-1913
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 14, 2023
—
137-145 West 145 Street LLC
137-145 West 145 Street LLC
Deed
related
$16,602,000 · Greystone Servicing Company LLC
Mar 15, 2018
—
137-145 West 145 Street LLC
—
Loan Modification, Consolidation And Extension
related
$42,000,000 · Benefit Street Ptrs Realty Ope
Sep 29, 2015
$24,000,000
137-145 West 145 Street LLC
137-145 W 145 St Owner LLC
Grant Deed
related
—
Mar 20, 2013
$13,460,000
137-145 W 145 St Owner LLC
137-145 West 145 LLC
Trustees Deed
related
$3,352,140 · New York Community Bank
Mar 20, 2013
—
137-145 W 145 St Owner LLC
—
Grant Deed
related
$9,850,000 · New York Community Bank
May 2, 2011
—
135-145 West 145 LLC
—
Deed Of Trust
related
$6,719,283 · New York Community Bank
Nov 14, 2007
$11,000,000
135-145 West 145 LLC
137-141-145 West 145th Street
Grant Deed
$6,050,000 · New York Community Bank
Jun 8, 2004
$3,100,000
137-141-145 West 145 St LLC
145 Realty Corp
Grant Deed
related
$1,763,593 · New York Cmnty Bk
—
—
609-619 West 135 Street LLC
—
Loan Modification, Consolidation And Extension
related
$27,500,000 · Other Institutional Lenders
—
—
135-145 West 145 LLC
—
Deed Of Trust
related
$690,000 · New York Community Bank
—
—
137-145 W 145 St Owner LLC
—
Deed Of Trust
related
$2,050,000 · New York Cmnty Bk
—
—
135-145 West 145 LLC
—
Deed Of Trust
related
$690,000 · New York Community Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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